AtlasTrades

Double bottom pattern on GOLD and possible reverse on chart

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello my friends, today I want to talk with you about Gold .

As I wrote in my previous idea price fell down from $1685 to 1654 and reached our target at $1660

Now we can see on a chart double bottom pattern which can push price above.

I think soon price can reverse and start growing.

I also indicate few targets for long, 1st target is $1690

Second target is $1710 and third target $1730.

Stop loss below local low.

So be ready for such scenario.

This is an article, not financial advice, always do your own research.

If you have any questions, you can write it in comments below, and I will answer them.

And please don't forget to support this idea with your like and comment, thank you.

💰75% discount for private signals group - http://www.t.me/AtlasTrades/2730

✅ Join my Telegram channel to receive❗️more updates for all markets 👉 http://www.t.me/+Cohvk0IuIdAyNDVi 👈

Trustful exchange👉 http://www.bit.ly/3SheQAT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.